Power shifted from oil and gas to offshore wind in 2015

The drastic oil price plunge meant that in 2015, Denmark's offshore wind industry booked much greater revenue than that of the country's oil and gas industry.

Photo: Fred.Olsen Windcarrier

The Danish energy sector experienced a power shift in 2015.

For the first time ever, offshore wind turbines constituted a bigger business than oil and gas in terms of revenue, according to an analysis of the Danish offshore industry commissioned by the The Region of Southern Denmark, reports Danish media DR Syd.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs